Federal Councillor Schneider-Ammann signs agreement to support transparency and good governance in the commodities sector
Bern, 21.10.2015 - On 21 October 2015, Federal Councillor Johann N. Schneider-Ammann signed an agreement with the World Bank to support the new Extractive Global Programmatic Support Programme (EGPS) which promotes transparency and good governance in the commodities sectors of developing countries. The programme also contributes directly to the implementation of the Extractive Industry Transparency Initiative (EITI), a voluntary standard on transparency regarding the management of natural resources. Switzerland supports the EGPS programme as part of the implementation of the Federal Council’s background report on commodities.